Sir Stephen Hillier, chair of the UK Civil Aviation Authority, provides his view on the revolution happening in aerospace, and how the regulator is rising to the challenge
Browsing: Opinion
Overall, £81.5 billion worth of deals have been agreed at Farnborough International Airshow 2024 this week. 260 total firm commercial aircraft orders were made across the show’s first four days, worth at least £13 billion to the UK at current prices
Dr Stuart Hatcher, IBA’s chief economist & exec. advisor, shares his insights and predictions for the upcoming Farnborough International Airshow 2024. With slots pushing out beyond 2030 and tensions building between competitors, FOMO has become very real
The new UK Labour government must support the long-term future of aerospace innovation, according to the Farnborough Aerospace Consortium (FAC). FAC represents hundreds of businesses in aerospace and related sectors, and it wants assurances for its members
The numerous failures encountered on Boeing’s aircraft highlight the urgency of quality control. Boeing forms the exception rather than the rule, as the component failure rate in the aerospace industry is at its lowest in the past 50 years, says Emmanuel Marquis, EVP of aerospace at Trigo Group
The use of equity is a constructive change from Boeing’s original plan to fund a potential acquisition of Spirit AeroSystems with all cash. The transaction as proposed will nevertheless result in incrementally weaker credit measures immediately after the close, says S&P Global Ratings
IBA forecasts that air cargo demand will grow modestly by 5% in 2024, to 258.1 billion cargo tonne kilometres. However, this will be outstripped by 8% growth in air cargo capacity, to 600.3 billion air cargo tonne kilometres
European airlines will likely face lower earnings per share in the second half of the year, according to Bloomberg Intelligence’s Europe Airlines Midyear Outlook. European airlines’ valuation multiples reflect myriad challenges, including geopolitical risk, unions and competition, despite the buffer of protectionism for many full-service carriers
Passengers are often frustrated with the lack of reliability of airline IFC services, the costs associated with accessing these services, and issues relating to compatibility. In order to deliver a frustration-free IFC solution, airlines must look for five essential characteristics from their connectivity provider
When Aircraft Interiors Expo (AIX) came to a close, some 12,817 attendees from across the globe (and from 166 airlines) had walked through the doors of Hamburg Messe: a 22% increase on the 2023 figure. The 2024 event was met with acclaim as attendees echoed sentiments of inspiration and that “AIX is back” and exceeding its pre-pandemic levels